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Thursday, September 27, 2012

New Data Show Obama Net Positive For Job Creation Since He Took Office

According to new revisions released today by the Bureau of Labor Statistics, the economy created 386,000 more jobs between March 2011 and March 2012 than shown by previous estimates. As economist Justin Wolfers noted, this means that President Obama is now net positivefor job creation over his term in office, even taking into account the massive losses in January 2009:

The BLS benchmark revisions means that there has been a net jobs gain since Jan ’09. Romney can no longer talk about job losses under Obama.

The new numbers — which are based off of unemployment insurance reports that employers submit to the federal government — show that 453,000 more private sector jobs were created than shown by previous estimates, meaning Obama’s net private sector job creation total is now 868,000. Government jobs, meanwhile, shrank by an additional 67,000.

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Simple man, who likes simple things. Who seems to meet some simple people and I don't mean the good simple either. Still, it's fun to meet people who can relate to things behind the wall of the internet. "Sometimes it's best not to see a face only to feel a heart."